T B Z Reports Strong Q3 Results with Significant Growth in Key Financial Metrics

Tribhovandas Bhimji Zaveri (T B Z), a small-cap player in the diamond and gold jewellery industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a notable shift in the company's financial landscape, with an adjustment in its evaluation reflecting a score change from 7 to 19 over the past three months.
The financial data reveals several positive trends for T B Z. The company achieved its highest operating profit to interest ratio in five quarters, standing at 4.55 times, suggesting an enhanced capacity to manage interest obligations. Additionally, profit before tax, excluding other income, reached Rs 40.77 crore, marking a significant year-on-year growth of 48.20%.

Net sales also hit a peak at Rs 927.85 crore, with a year-on-year increase of 25.21%. Operating profit, recorded at Rs 60.13 crore, and profit after tax, at Rs 29.88 crore, both reached their highest levels in the last five quarters, with the latter showing a year-on-year growth of 39.4%. Furthermore, earnings per share rose to Rs 4.48, indicating a positive trajectory in profitability for shareholders.

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